Forth Mobility Fund
- Assets
- $1.5m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 44
- Location
- Portland, OR
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-4726335
Organization Overview
Forth Mobility Fund is located in Portland, OR. The organization was established in 2014. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 12/2023, Forth Mobility Fund employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forth Mobility Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Forth Mobility Fund generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 64.3% each year . All expenses for the organization totaled $10.2m during the year ending 12/2023. While expenses have increased by 71.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ELECTRIFY TRANSPORTATION BY BRINGING PEOPLE TOGETHER TO CREATE SOLUTIONS THAT REDUCE POLLUTION AND BARRIERS TO ACCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASE ACCESS TO CHARGING ACCESS TO CHARGING IS A MAJOR BARRIER TO ELECTRIFICATION, ESPECIALLY FOR HISTORICALLY UNDERSERVED COMMUNITIES. THE ORGANIZATION BUILDS PROGRAMS AROUND DRIVERS WHO HAVE TRADITIONALLY FACED THE MOST BARRIERS TO ELECTRIFICATION, WORKING TO MAKE IT AS EASY TO CHARGE A CAR AS IT IS TO PARK. DURING 2023, THE ORGANIZATION WORKED ON PROGRAMS FOCUSED ON INCREASING ACCESS TO CHARGING AT THE WORKPLACE, IN MULTI-FAMILY DWELLINGS, AND WORKED TO ENSURE PUBLIC INVESTMENTS IN CHARGING WERE EFFICIENT, EFFECTIVE, AND GROUNDED IN EQUITY.
STRENGTHEN POLICY CAPACITY THE ORGANIZATION BUILDS INFLUENCE AND BRIDGES BETWEEN EQUITY, ENVIRONMENTAL, AND MULTIMODAL ORGANIZATIONS TO PROMOTE TRANSPORTATION ELECTRIFICATION AT THE NATIONAL, STATE, AND LOCAL LEVELS. THE ORGANIZATION WORKSTO BUILD THE FOUNDATION FOR PUBLIC AND PRIVATE INVESTMENT AND TO MAXIMIZE THE EQUITABLE IMPACTS OF THOSE INVESTMENTS. DURING 2023, THE ORGANIZATION CONTINUED WORK ON A COLLABORATIVE INITIATIVE AIMED AT ADVANCING RACIAL AND ENVIRONMENTAL JUSTICETHROUGH EQUITABLE ELECTRIC MOBILITY AND ADVOCATED FOR ADDITIONAL FUNDING TO RETAIN OREGONS ELECTRIC VEHICLE REBATE.
INCREASE ACCESS TO EMERGING MODES THE ORGANIZATION STRIVES TO STAY AT THE FOREFRONT OF CLEAN, EQUITABLE TRANSPORTATION AND IS CONSTANTLY SEEKING NEW OPPORTUNITIES TO ADVANCE THIS WORK. DURING 2023, THE ORGANIZATION REMOVED BARRIERS TO MAKE ELECTRIC MICROMOBILITY ACCESSIBLE IN HISTORICALLY UNDERSERVED POPULATIONS AND PROMOTED ELECTRIFYING AMERICAS FARMS AND SCHOOL BUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Allen Executive Direc | Officer | 1 | $0 |
Patti Best President | OfficerTrustee | 1 | $0 |
Roman Partida-Lopez Secretary | OfficerTrustee | 1 | $0 |
Ben Farrow Treasurer | OfficerTrustee | 1 | $0 |
Wayne Killen Director | Trustee | 1 | $0 |
Jana Gastellum Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,618,292 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,483,126 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,101,418 |
| Total Program Service Revenue | $162,742 |
| Investment income | $10,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,289,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,863,644 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,200,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,670 |
| Savings and temporary cash investments | $941,414 |
| Pledges and grants receivable | $526,166 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,536,250 |
| Accounts payable and accrued expenses | $520,052 |
| Grants payable | $0 |
| Deferred revenue | $133,125 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,000 |
| Total liabilities | $673,177 |
| Net assets without donor restrictions | $70,201 |
| Net assets with donor restrictions | $792,872 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,536,250 |